If nothing is done about water, this could lead to very negative economic consequences that could lead to losses of 8 to 15 percent of global GDP by 2050, Wampie Libon, Director of Inclusive Green Growth, Ambassador of Sustainable Development, Arctic Ambassador at the Ministry of Foreign Affairs of the Netherlands said this at a high-level round table on “Water for Climate: Integrating Water Solutions into NDCs and NAPs. Biodiversity, Water and Climate Linkage", APA reports.
"To avoid this scenario, we need to start using water more efficiently, fairly and sustainably. In our view, water must be at the center of climate policy and it is important to act together. About 90 percent of countries have already included water-related adaptation measures in their national plans. However, the problem of financing these obligations has not yet been resolved. This is a major task that requires the collective efforts of all stakeholders. Fortunately, attention to water issues is growing and partners are ready to work on solutions. In the Netherlands, we understand all aspects of water resource management well and know how to deal with the challenges that arise. We are ready to cooperate, learn from each other and work together. We can help attract investments, develop capacity and share knowledge, because this is very important," he said.